Nov 8, 2012 4:00am EST
jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic data, weekly jobless claims, my favorite. they'll hit before the market opens. and on the earnings front, up ins are kohl's, wendy's, disney and groupon. european trade this morning has been a mixed session. we started out in the green and then we had losses. markets are clawing back adding half a percent for the xetra dax. ibex 35 is back in the green after being down as much as 0.6%. u.s. futures are trying to fight to the positive. if you take fair value into account, the dow jonesville average would be adding about a point at the open. not huge moves, but again, not a big come back from the big losses yesterday.the open.